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HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : Honorable Mayor and Members of the City Co rW; fission FROM : Joe Arriola Chief Administrator/Ci nager DATE : SEP 10 2004 FILE : SUBJECT : Resolution — Energy Performance Agreement with Florida Power and Light for Energy Performance Savings Services REFERENCES: ENCLOSURES: RECOMMENDATION It is respectfully recommended that the City Commission adopt the attached resolution, authorizing the City Manager to execute an agreement with the Florida Power and Light Company (FPL) for Energy Performance Savings Services, for an initial ten-year period with the option to extend for one additional five-year period. BACKGROUND On March 27, 2003 the City Commission approved Resolution No. 03-250, authorizing the City Manager to negotiate a Professional Services Agreement with Florida Power and Light, the top - ranked firm in response to RFC) No. 01-02-224. In addition, Resolution No. 03-250 directed the City Manager to present the negotiated Agreement to the City Commission for consideration. Subject to the terms and conditions of the Agreement, FPL. will conduct energy audits at facilities selected by City Staff and identify candidate energy -saving projects. The project candidate would be Implemented utilizing a comprehensive performance contacting approach, including but not limited to, energy audits, energy co. t monitoring, project financing, and a guarantee that the total program costs will be 100% covered by program energy and operational savings. The projects Identified by the feasibility studies initiated under this Agreement will be subject to Section 489.145 of the Florida Statutes, also known as the "Guaranteed Energy Performance Savings Contracting Act". The State of Florida determined that investment in energy conservation measures in public facilities can reduce the amount of energy consumed and produce immediate and long-term savings. It is the policy of the State of Florida to encourage agencies to invest in energy conservation measures that reduce energy consumption, produce a cost savings for the agency (municipality), and improve the quality of indoor air in public facilities and to operate, maintain, and when economically feasible, build or renovate existing agency facilities in such a manner as to minimize energy consumption and maximize energy savings. FISCAL IMPACT This avoids the need to utilize limited capital resources and ideally result in a net energy expense reduction after finance costs are paid in accordance to State Statutes, and the Agreement. FPL is contractually obligated to guarantee the net savings. JA/MH J C/fl/cjp